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Home My WebLink AboutCRA-R-22-0049 MemorandumSEOPW Board of Commissioners Meeting November 17, 2022 SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY INTER -OFFICE MEMORANDUM To: Board Chair Christine King Date: February 12, 2024 and Members of the CRA Board File: 12970 From: James McQueen Executive Director Subject: Accepting Top Ranked Proposer to RFP 21-02 a development within the Historic Overtown Culture & Ente Enclosures: File# 12970 -Backup BACKGROUND: The attached Resolution of the Board of Commissioners of the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") accepts the recommendation to select TAMI Overtown, LLC ("TAMP') as the top ranked proposer to Request for Proposals No. 21-02 for the development of a 1.56-acre assemblage of property within the Historic Overtown Culture & Entertainment District ("RFP") and authorizes the Executive Director to negotiate a Development Agreement with TAMI. The SEOPW CRA owns five (5) parcels of land located between NW loth and NW 11th Streets, and between NW 3rd Avenue and Interstate-95; further described as follows: Parcel # Square Footage Address Folio # Current Zoning 1 40,383 345 NW 10th ST 01-0101-040-1160 T6-8-O 2 5,000 1016 NW 3rd Ave. 01-0101-040-1210 T6-8-O 3 7,500 316 NW 11th ST 01-0101-040-1040 T6-8-L 4 7,500 324NW IIthST 01-0101-040-1050 T6-8-L 5 7,500 334NW IIthST 01-0101-040-1060 T6-8-L RFP was issued on October 12, 2021, and on December 14, 2021, the SEOPW CRA received the following five (5) responses: • Good Bread Alley • Integral — Eviva Overtown • Jazz Village • Tacolcy Economic Development Corp. — Legacy Overtown • TAMI Overtown On September 20, 2022, a selection committee consisting of: Mr. Erick Gavin, Executive Director, Venture Miami; Ms. Cheree Gulley, Executive Director, Housing Finance Authority of Miami -Dade County; Ms. Shirley Meadows, Overtown small business owner; Ms. Natalya Sangster, SEOPW CRA; and Mr. Brian Zeltsman, SEOPW CRA, met at a publicly noticed meeting to evaluate the proposals. Pursuant to the procedures outlined in the RFP, the Selection Committee elected to hold a second publicly noticed meeting for presentations and interview sessions with each of the top 3 ranked Proposers on October 25, 2022, and ranked the proposal received from TAMI as the top proposer. It is recommended that the Board of Commissioners accept the selection committee's recommendation and authorize the Executive Director to negotiate a Development Agreement with TAMI_ This Resolution requires a proposed development agreement to be presented to the Board of Commissioners for consideration, and if satisfactory, approval and award. This Resolution is not intended to be an award of development rights or to otherwise create any rights whatsoever in the proposer referenced herein. JUSTIFICATION: Section 2, Goals 2 and 4, of the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") lists "expand[ing] the tax base using public -private principles," and "creati[on of] jobs within the community" as stated redevelopment goals. Section 2, Goals 5 and 7 of the Plan lists the "promot[ing] & market[ing] the community as a cultural & entertainment destination" and "promot[ing] entrepreneurship and technology innovations" as stated redevelopment goals. Section 2, Principle 4, of the Plan provides that "employment opportunities be made available to existing residents ... ". Further, Section 2, Principle 6, provides that in order to "address and improve the neighborhood economy and expand economic opportunities of present and future residents and businesses[,] ... [it is necessary to] support and enhance existing businesses and ... attract new businesses that provide needed services and economic opportunities ...." Chapter 163.380, Florida Statutes details the requirements for disposal of CRA-owned property within a community redevelopment area. FUNDING: This Resolution does not commit funding nor dispose of any real property. Page 2 of 6 AGENDA ITEM FINANCIAL INFORMATION FORM SEOPW CRA CRA Board Meeting Date: November 17, 2022 CRA Section: Approved by: Approval: 1 Executive Director 11/10/2022 Miguel A Valentin, :,lance Off;cer 11/10/2022 Page 3 of 6 Southeast Overtown/Park West Community Redevelopment Agency File Type: CRA Resolution Enactment Number: CRA-R-22-0049 File Number: 12970 Final Action Date:11/17/2022 A RESOLUTION OF THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY ("SEOPW CRA") ACCEPTING THE SELECTION COMMITTEE'S RECOMMENDATION TO SELECT TAMI OVERTOWN, LLC, AS THE TOP RANKED PROPOSER TO DEVELOP A 1.56-ACRE ASSEMBLAGE OF PROPERTY WITHIN THE HISTORIC OVERTOWN CULTURE & ENTERTAINMENT DISTRICT; FURTHER AUTHORIZING THE EXECUTIVE DIRECTOR TO NEGOTIATE AN AGREEMENT FOR THE DEVELOPMENT OF SAID PROPERTY WITH THE TOP RANKED PROPOSER; FURTHER DIRECTING THE EXECUTIVE DIRECTOR TO PRESENT ANY PROPOSED AGREEMENTS TO THE BOARD FOR ITS CONSIDERATION AND APPROVAL AT A FUTURE SEOPW CRA BOARD MEETING; CLARIFYING THAT THIS RESOLUTION IS NOT INTENDED TO BE AN AWARD OF DEVELOPMENT RIGHTS NOR TO OTHERWISE CREATE ANY RIGHTS WHATSOEVER TO THE PROPOSER REFERENCED HEREIN. WHEREAS, the Southeast Overtown/Park West Community Redevelopment Agency ("SEOPW CRA") is a community redevelopment agency created pursuant to Chapter 163, Florida Statutes, and is responsible for carrying out community redevelopment activities and projects within its Redevelopment Area in accordance with the SEOPW CRA 2018 Redevelopment Plan Update ("Plan"); and WHEREAS, Chapter 163.380, Florida Statutes details the requirements for the disposal of SEOPW CRA owned property within a community redevelopment area; and WHEREAS, Section 2, Goals 2 and 4, of the SEOPW CRA 2018 Redevelopment Plan Update ("Plan") lists "expand[ing] the tax base using public -private principles," and "creati[on] of jobs within the community" as stated redevelopment goals; and WHEREAS, Section 2, Goals 5 and 7 of the Plan lists the "promot[ing] & market[ing] the community as a cultural & entertainment destination" and "promot[ing] entrepreneurship and technology innovations" as stated redevelopment goals; and WHEREAS, Section 2, Principle 4, of the Plan provides that "employment opportunities be made available to existing residents ... " and Section 2, Principle 6, provides that in order to "address and improve the neighborhood economy and expand economic opportunities of present and future residents and businesses[,] ... it is necessary to] support and enhance existing businesses and ... attract new businesses that provide needed services and economic opportunities ....' ; and WHEREAS, the SEOPW CRA owns five (5) parcels of land between N.W. 10th Street and N.W. 11th Street, and between NW 3rd Avenue and Interstate-95, with addresses and folio numbers as follows: 345 N.W. loth ST, Folio #: 01-0101-040-1160 Page 4 of 6 1016 N.W. 3rd AVE, Folio #: 01-0101-040-1210 316 N.W. l lth ST, Folio #: 01-0101-040-1040 324 N.W. l lth ST, Folio #: 01-0101-040-1050 334 N.W. l lth ST, Folio #: 01-0101-040-1060; and WHEREAS, on October 12, 2021, the SEOPW CRA issued Request for Proposals ("RFP") 21-02 for the development of said property; and WHEREAS, on December 14, 2021, the SEOPW CRA received five (5) responses to RFP 21-02; and WHEREAS, On September 20, 2022, a selection committee consisting of: Mr. Erick Gavin, Executive Director, Venture Miami; Ms. Cheree Gulley, Executive Director, Housing Finance Authority of Miami -Dade County; Ms. Shirley Meadows, Overtown small business owner; Ms. Natalya Sangster, SEOPW CRA; and Mr. Brian Zeltsman, SEOPW CRA, met at a publicly noticed meeting to evaluate the proposals; and pursuant to the procedures outlined in the RFP, the selection committee elected to hold a second publicly noticed meeting for presentations and interview sessions with each of the top 3 ranked proposers on October 25, 2022; and WHERAS, the selection committee ranked the proposal received from TAMI Overtown, LLC as the top proposer to the RFP; and WHEREAS, the Board of Commissioners wishes to accept the selection committee's recommendation to select TAMI Overtown, LLC as the top ranked proposer to RFP 21-02 and to authorize the Executive Director to negotiate any and all necessary agreements related to the development of said property with the top ranked proposer; and WHEREAS, the Board of Commissioners wish to clarify that this Resolution is not intended to be an award of development rights or to otherwise create any rights whatsoever with the proposer referenced herein; NOW, THEREFORE, BE IT RESOLVED BY THE BOARD OF COMMISSIONERS OF THE SOUTHEAST OVERTOWN/PARK WEST COMMUNITY REDEVELOPMENT AGENCY OF THE CITY OF MIAMI, FLORIDA: Section 1 The recitals and findings contained in the Preamble to this Resolution are adopted by reference and incorporated herein as if fully set forth in this Section. Section 2. The Board of Commissioners hereby accepts the selection committee's recommendation to select TAMI Overtown, LLC as the top ranked proposer to Request for Proposals 21- 02. Section 3. By a four -fifths (4/5th) affirmative vote, after an advertised public hearing, the Executive Director's recommendation, the Board of Commissioners hereby authorizes the Executive Director to negotiate any and all agreements or documents necessary for the development of said property with the top ranked proposer. Section 4. The Executive Director is directed to present any proposed agreements and documents to the SEOPW CRA Board at such future meeting. for its consideration and, if satisfactory, approval. Page 5 of 6 Section 5. This Resolution is not intended to be an award of development rights or to otherwise create any rights whatsoever with the proposer referenced herein. Section 6. This Resolution shall become effective immediately upon its adoption. APPROVED AS TO FORM AND LEGAL SUFFICIENCY: ounsel 11/10/2022 Page 6 of 6